Economic Indicators11 hours ago (Jun 01, 2020 07:15PM ET) (C) Reuters. SEOUL (Reuters) – South Korea’s annual inflation rate in May fell below zero for the first time since September 2019, data showed on Tuesday, as the coronvirus pandemic continued to weigh on domestic demand and oil prices plunged. The […]
Tech Companies Denounce Racism. Will Silicon Valley Change?
For the past week, cities across America have erupted in protests, following the death of George Floyd at the hands of Minneapolis police. It’s been a moment for collective grief and anger, as protesters demand both attention to systemic racism and action on racial justice. In Silicon Valley, where several […]
Meet ACE2, the Enzyme at the Center of the Covid-19 Mystery
During the first chaotic months of the Covid-19 pandemic, it was already clear that the novel coronavirus spreading around the world didn’t affect everyone equally. The earliest clinical data out of China showed that some people consistently fared worse than others, notably men, the elderly, and smokers. It made some […]
New Zealand building consents fall in April
Economic Indicators11 hours ago (Jun 01, 2020 06:55PM ET) (C) Reuters. WELLINGTON, (Reuters) – The number of new dwelling consents approved in New Zealand fell a seasonally adjusted 6.5 percent in April compared with a 21.7 percent drop in the previous month, data from Statistics New Zealand showed on Tuesday. […]
Brazil posts $4.5 billion trade surplus in May, down 11% on the year
Economic Indicators15 hours ago (Jun 01, 2020 03:10PM ET) (C) Reuters. By Jamie McGeever BRASILIA (Reuters) – Brazil posted a trade surplus of $4.5 billion in May, official data showed on Monday, as exports fell more steeply than imports, dragging the accumulated surplus over the first five months of the […]
Colombia current account deficit shrunk to 3.7% of GDP in first quarter
Economic Indicators15 hours ago (Jun 01, 2020 02:50PM ET) (C) Reuters. BOGOTA (Reuters) – Colombia’s current account deficit shrunk to 3.7% of gross domestic product in the first quarter, due to a lower rate of foreign investment outflow and higher remittances from workers outside the country, the central bank said […]
U.S. manufacturing activity crawls off 11-year low
2/2 (C) Reuters. The frame of a 2015 Ford Mustang vehicle moves down the production line at the Ford Motor Flat Rock Assembly Plant in Flat Rock, Michigan, 2/2 By Lucia Mutikani WASHINGTON (Reuters) – U.S. manufacturing activity eased off an 11-year low in May, the strongest sign yet that […]
Construction spending falls less than expected
Economic Indicators18 hours ago (Jun 01, 2020 12:15PM ET) (C) Reuters. Miami-Dade County eases some of the lockdown measures put in place during the coronavirus disease outbreak WASHINGTON (Reuters) – U.S. construction spending fell less than expected in April even as other sectors of the economy buckle under the COVID-19 […]
Mexico’s factory output continues plummet, data suggests bottom is near
Economic Indicators19 hours ago (Jun 01, 2020 10:50AM ET) (C) Reuters. Worker holds stainless steel wire produced at TIM stainless steel wire factory in Huamantla MEXICO CITY (Reuters) – Mexico’s manufacturing sector deteriorated sharply in May, following a record contraction in April, as restrictions put in place to prevent the […]
U.S. Manufacturing Stabilizing at Depressed Level, ISM Data Show
Forex20 hours ago (Jun 01, 2020 10:18AM ET) (C) Bloomberg. A worker wearing a protective mask, gloves, and glasses sands an edge of a face shield at Mask & Shield, a division of Monster City Studios, in Fresno, California, U.S., on Wednesday, May 27, 2020. Monster City Studios, a company […]